Small and medium-sized enterprise (SME) leaders are optimistic about post-Covid-19 recovery time, suggesting it will take an average of 12 months for their businesses to make up for the lost revenue. Chirag Shah, CEO, Nucleus Commercial Finance, who commissioned this research, comments, “it’s encouraging to see such optimism among SMEs about their projected finances as…
Draft legislation implements requirement for “mandatory independent scrutiny” of pre-pack administration sales
New legislation will require independent scrutiny of pre-pack sales where connected parties are involved, it has been announced.
More than £7.8 billion in grant funding has been delivered to small businesses through local authority grant schemes, it has been revealed.
Prominent figures within the beer and pub industry are calling upon the Government to reopen pubs with non-essential shops when lockdown ends, as they are an indispensable contributor to the economy.
The last year has been challenging for many businesses, and the impact of the coronavirus pandemic has been keenly felt by the construction industry. But it is important to keep on top of future plans, particularly with the delayed VAT reverse charge rules for the construction industry set to come into force on the 1st…
As many as one in five small businesses and sole traders are not entitled to financial support under the Government’s coronavirus support package, it has been revealed.
Business owners who took out an early coronavirus loan have more than £1.2 billion of personal guarantees on the line, a major study has revealed.
According to a report by the Department for Work and Pensions (DWP), the Kickstart Scheme has supported over 120,000 young people find employment, since its launch in September 2020.
The delayed Construction Industry Scheme (CIS) VAT reverse charge will come into effect on 1 March 2021, it has been confirmed.
New financial support will help fishing businesses export their products across the world, it has been announced.